LAW3005 Maritime EconomicsBahçeşehir UniversityDegree Programs ELECTRICAL AND ELECTRONICS ENGINEERINGGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ELECTRICAL AND ELECTRONICS ENGINEERING
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
LAW3005 Maritime Economics Spring 0 2 1 4
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Instructor İLKER KADRİ BAŞARAN
Course Lecturer(s): Instructor İLKER KADRİ BAŞARAN
Prof. Dr. AYŞE NUHOĞLU
Course Objectives: Almost 90 percent of the world transportation is conducted through marine transportation. Therefore, shipping is vital for the sustainability of the world. But most of us have very little knowledge about the sector. With this course, we will get into details of the Shipping sector, its socio-economic structure and impac on world economy.

Learning Outcomes

The students who have succeeded in this course;
The students who have succeeded in this course;
1) will have general knowledge about the most important sector in internationl transportation
2) will know the historical development of the shipping
3) will know the shipping actors in world stage
4) will know the financial aspect of this vital sector
5) will know the financial impact this sector has in world economy
6) will know the share that the Turkey has in this sector

Course Content

The role of the shipping in the international transportation, the players of this sector, financial dimensions of the ship, competition between states and the situation of our country.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction to the Marine Transportation and Historical Development.
2) The Organisation of the Shipping Market
3) Shipping Market Cycles
4) Supply, Demand and Freight Rates
5) Financing Ships and Shipping Market
6) Risk, Return and Shipping Company Economics
7) The Transport of Specialized Cargo
8) Midterm
9) The Transport of General Cargo
10) The Economics of Ship Building and Scrapping
11) The Regulatoin of the Maritime Industry
12) Maritime Forcasting and Market Research
13) Geography of Maritime Trade
14) General View of the Turkish Maritine Industry

Sources

Course Notes / Textbooks: Ana kaynak: Martin Stopford, Denizcilik Ekonomisi 3. baski.
Maritin Stopford, Maritime Eonomics.
References: Ders notları
Additional course materials.

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
Total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 13 2 26
Study Hours Out of Class 13 5 65
Midterms 1 2 2
Final 1 2 2
Total Workload 95

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Adequate knowledge in mathematics, science and electric-electronic engineering subjects; ability to use theoretical and applied information in these areas to model and solve engineering problems.
2) Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose.
3) Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; ability to apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety issues, and social and political issues, according to the nature of the design.)
4) Ability to devise, select, and use modern techniques and tools needed for electrical-electronic engineering practice; ability to employ information technologies effectively.
5) Ability to design and conduct experiments, gather data, analyze and interpret results for investigating engineering problems.
6) Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
7) Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing.
8) Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.
9) Awareness of professional and ethical responsibility.
10) Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development.
11) Knowledge about contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; awareness of the legal consequences of engineering solutions.